Surname 2
both in the short and the long run for interested parties. These may include high costs of both
construction as well as maintenance, additional costs of operating the system as well as others.
Thus, owing to these reasons it is vital to go ahead and always perform a cost benefit analysis of
the proposed living wall structure and after doing so proceed only if the system’s benefits
outweigh the cost. This is carried out by the paper for a given proposed living wall structure and
the findings are provided as well as explained below.
The first aspect that a CBA entails is a clear provision of all the costs associated with any
venture. In this case, a living wall system proposed for an apartment building in New York is the
venture being looked into. More specific information about it includes the building location in
Queens as well as the wall size being 100m2. The standard costs are derived from the study by
Perini and Rosasco, which go ahead to provide a detailed breakdown of estimated construction
and maintenance costs for building a living wall that makes use of the hydroponic irrigation
system. Some of the areas in which the costs will come up include aspects such as construction,
maintenance, disposal, replacement, risk problems, pests, and others that may be associated with
the approach. A proper breakdown of the approximate costs, which in this case are borne by the
owner include, construction costs which stand at $120,000, replacement at $62,564,
maintenance, $31,294, disposal, $16,836. The cumulative total costs borne by the developer and
the owner stand at a total of $230,693.
As for the benefits to be derived from the use of this structure, there are several that have
been quantified by this paper and the following constitutes the breakdown of these. The
identified energy savings costs that will be associated with this structure and will be enjoyed by
both the developer and owner includes first energy savings that are approximated at $29,182.
The second is that of Land Value Increase, which has been identified for this specific wall as